Tuesday, 9 February 2016
Last updated 11 hours ago
Aug 17 2012 | 8:44am ET
Permal Group has tapped Sussex Partners alumnus Katie Jupp as institutional business manager.
The alternative strategies specialist joined Permal on August 16, reporting to Paul Jeffries, head of UK institutional business. She will focus on the UK market with responsibility for investor relations, marketing and client relationships.
Jupp was an associate director focusing on funds of hedge funds at Sussex and prior to that a product specialist at AXA Investment Managers. She began her financial career analyzing investment funds for Standard & Poor’s.
Permal Group manages approximately £12.5 billion, including a £5 billion separately managed account platform.
Said Jeffries in a statement: “Bringing Katie on board is an important development within Permal’s institutional team. Over the past year the business has won a number of sizeable institutional mandates and seen accelerated institutional interest in not only Permal’s traditional funds, but in particular more customized alternative offerings, both of which fall within Katie’s UK remit. Investors are today showing greater interest in customized vehicles, both onshore and offshore, and this involves closer interaction with each client.”